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“While existing systems often lack the flexibility required, Broadridge’s Futures and Options platform stands out for its modular and flexible deployment capability, addressing industry demands head-on. We strongly believe this fully hosted solution is a significant step change in order and execution management for the derivatives markets, helping firms simplify and optimize trading.”

“Using STT, clients can reduce the time to trade U.S. from nine to six months. What sets us apart in the industry is our multi-asset OMS, delivering 24×5 capabilities, and our Risk system, built with unmatched regulatory features to provide a distinct competitive advantage. Our experience is that Asia markets consistently seek the most capable and advanced solutions to build their franchises and we have already gained traction with our approach.”

The combination of increased online financial activities, regulatory demands, technological advancements, and the need to enhance customer experience and operational efficiency is drivng the growing need for specialized technology in fraud detection, compliance, and risk management.

Public.com’s UK withdrawal reflects broader market dynamics, where increased competition among retail investing platforms, including newcomers like Robinhood and Webull, pressures companies to consolidate their efforts in their most profitable or strategic markets.

Since the modernization of the FCA’s qui tam provisions in 1986, whistleblower-initiated actions have led to the recovery of over $52.7 billion, showcasing the substantial impact of these efforts on combating fraud. However, there has been criticism directed at the DOJ for not intervening in or dismissing robust whistleblower cases, as well as for not implementing the confidential reporting requirements mandated by the Anti-Money Laundering Act of 2020.

Insights are provided by leading industry experts, including Elina Pedersen, Co-CEO & CRO of Your Bourse; Andrew Saks, Chief Product Officer at TraderEvolution; Natalia Zakharova, Head of Business Development at FXOpen; Alexandros A. Patsalides, Head of Deriv Prime; and Jay Mawji, CEO of Infinox.

Robinhood has observed a 75% MoM rise in cryptocurrency trading volumes in November, marking a reversal from its previous trend. According to an SEC filing on December 4, this boost contrasts with flat trading volumes in equity and options contracts during the same period.

The report also spotlighted several challenges beleaguering the fund managers in the FX market. A conspicuous lack of transparency was cited by 73% of respondents, with cost calculation (33%) emerging as the predominant challenge. Operational hurdles also pervade the FX operations, with manual processes (39%) topping the list, followed closely by onboarding liquidity providers (35%), obtaining comparative quotes (35%), and demonstrating best execution (33%).

“As we further build out our Europe, Middle East and Africa (EMEA) region and add products, asset classes and capabilities beyond our robust listed derivatives offering, Gemma will play a vital role in support of our traditional markets while helping to fuel that expansion in EMEA from an operations perspective.”

Refinitiv, the former Financial and Risk business of Thomson Reuters, today reported that the average daily volumes (ADV) of currency trading were $413 billion last month on the company’s main FX trading services.

Mark Foulger has left his position as Head of Sales at London-based market maker Tokkyo FX. The two-decade FX veteran, mostly spent his career in the City, is quitting after more than two years in this role to build up a new FX and crypto brokerage firm, Ellipse Trading.